Flaherty & Crumrine Total Return Fund Inc. (FLC) To Go Ex-Dividend on November 21st

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) declared a monthly dividend on Thursday, October 19th, NASDAQ reports. Shareholders of record on Wednesday, November 22nd will be paid a dividend of 0.0835 per share on Thursday, November 30th. This represents a $1.00 dividend on an annualized basis and a yield of 7.05%. The ex-dividend date is Tuesday, November 21st.

Flaherty & Crumrine Total Return Fund has increased its dividend by an average of 0.2% annually over the last three years.

Flaherty & Crumrine Total Return Fund Trading Up 0.6 %

Shares of NYSE:FLC traded up $0.09 on Friday, hitting $14.21. The company had a trading volume of 46,123 shares, compared to its average volume of 29,043. The firm’s 50-day simple moving average is $13.44 and its two-hundred day simple moving average is $13.98. Flaherty & Crumrine Total Return Fund has a 1 year low of $12.62 and a 1 year high of $18.07.

Institutional Trading of Flaherty & Crumrine Total Return Fund

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Morgan Stanley grew its holdings in shares of Flaherty & Crumrine Total Return Fund by 525.9% during the 4th quarter. Morgan Stanley now owns 72,385 shares of the company’s stock worth $1,143,000 after acquiring an additional 60,820 shares during the period. Royal Bank of Canada grew its stake in Flaherty & Crumrine Total Return Fund by 192.3% in the second quarter. Royal Bank of Canada now owns 71,667 shares of the company’s stock worth $1,030,000 after purchasing an additional 47,150 shares during the period. UBS Group AG raised its holdings in Flaherty & Crumrine Total Return Fund by 25.2% in the first quarter. UBS Group AG now owns 31,209 shares of the company’s stock worth $622,000 after purchasing an additional 6,291 shares in the last quarter. Captrust Financial Advisors lifted its position in Flaherty & Crumrine Total Return Fund by 66.3% during the second quarter. Captrust Financial Advisors now owns 26,608 shares of the company’s stock valued at $382,000 after buying an additional 10,608 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Flaherty & Crumrine Total Return Fund by 72.1% during the 1st quarter. Rockefeller Capital Management L.P. now owns 16,945 shares of the company’s stock valued at $249,000 after buying an additional 7,100 shares in the last quarter.

Flaherty & Crumrine Total Return Fund Company Profile

Flaherty & Crumrine Total Return Fund Inc is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in stocks of companies operating across utilities and banking sectors.